Job Order Costing:

Q$1$: PearCo estimates that it will require $160,000$ direct laborhours to meet the coming period's estimated production level. In addition, the company estimates total fixed manufacturing overhead at $$200,000,$ and variable manufacturing overhead costs of $$2\mathrm{.}75$ per direct labor hour.

Using plantwide overhead rate $($single predetermined overhead rate either direct labor hours or machine hours$).$ Calculate estimated total manufacturing overhead cost and predetermined overhead rate. What will be the applied factory overhead cost?

Q$2$: Dickson Company has two production departments, Milling and Assembly. The company uses a job$-$order costing system and computes a predetermined overhead rate in each production department. The predetermined overhead rate in the Milling Department is based on machine$-$hours and in the Assembly Department it is based on direct labor$-$hours. The company uses cost$-$plus pricing $($and a markup percentage of $75\%$ of total manufacturing cost$)$ to establish selling prices for all of its jobs. At the beginning of the year, the company made the following estimates: